The participants of the pitch session will present projects to the market leader LegalTech, as well as experts from the largest Russian companies. The winner can receive an offer of cooperation on individual terms.
September 18, 2023, Moscow — PravoTech, a developer of solutions for business process automation, a pioneer of LegalTech in Russia, launches the pravo (tech) impulse IT project competition as part of the pravo (tech) forum, the largest business event in Europe dedicated to LegalTech and the digital transformation of legal functions. Participants creating solutions in the fields of LegalTech, FinTech (FPM), InsurTech, ITSM, ERP (CRM, HRM), CLM (contract management) can apply until October 4. The organizers accept projects at any stage: from an idea with a description of technology, principles of operation and economic effect to a finished product with built sales. The requirements for the projects are described in more detail in the regulations on the competition.
The selection of the winner will take place in two stages: correspondence selection of applications and a pitch session. The experts of the contest will pay attention to the novelty of the idea, the relevance and prospects of applying the technology in their field.
During the pitch session, startups will present their ideas and projects to the jury and participants of the event, including heads of corporate legal departments, business and IT transformation directors, consultants and integrators, LegalOps specialists, practicing lawyers. The authors of the best project are guaranteed to receive a cash prize, as well as — subject to the mutual interest of the jury and the contestant himself — the opportunity for further commercial cooperation with PravoTech. The conditions of such interaction will be determined individually.
The jury of the competition:
● Alexey Pelevin, CEO and Founder of PravoTech;
● Kirill Fadeev, Commercial Director of PravoTech;
● Ilya Korolev, Partner and portfolio manager of FRII, business angel.
Kirill Fadeev, Commercial Director of PravoTech: "LegalTech, FinTech, InsurTech, ERP today especially require innovative, non-standard solutions. The global market of LegalTech alone could reach almost 70 billion US dollars by 2032, which is 2 times higher than in 2022. In ten years, the ERP and InsurTech directions will be able to show a multiple growth, and the rapid development of the FinTech sphere will lead it to a sixfold growth by 2030. Therefore, as a company that supports the development of the Russian technology business, we will provide a platform for the presentation and search for breakthrough domestic IT solutions."
The application can be submitted until October 4 in electronic form on the contest website: https://pravo.tech/pitch. On October 12, the organizers will announce finalist projects that will present their ideas on October 19 at the pravo (tech) forum.
Please note that this press release is based on materials provided by the company. AK&M Information Agency shall not be held liable for its contents, nor for the legal and other consequences of its publication.
